Whole hives of strategy,
one token.
Alveary packs weighted, leveraged baskets of stocks, ETFs and crypto into one SPL token on Solana. Mint at NAV, redeem at NAV — the token is the position.
reads via public RPC · no wallet needed · every number on Markets ↗
Compose anything.
Pick 2–5 legs, set the weights in 5% cells, dial leverage up to 3×. Stocks, ETFs, crypto — the factory refuses anything outside the bands, so what you draft is what ships.
Mint at NAV. The hive hums.
Wrap native SOL, deposit, and shares are packed at NAV — no lockup, no whitelist. Keepers pull leverage back into the band and get paid for it; the comb never sleeps.
It stays in the band.
Oracles price every leg on a heartbeat. When actual leverage drifts ±0.25× from target, anyone can trigger the rebalance for a bounty — and both doors, mint and redeem, keep clearing at NAV.
The fine print, standing guard.
Built so nobody raids the hive — every bound below is a declared parameter, enforced on-chain, never an operator's call.
Leverage hard cap
Baskets above 3× can't be created. At 3.25× anyone can trigger an emergency deleverage.
In and out, flat
10 bps entry and exit, 1% management per year, 10% performance over high-water. Nothing hidden.
Oracle heartbeat
Any stale leg and the whole protocol circuit-breaks — mints, redeems, rebalances. Loud, total, never quiet.
The board reads itself.
every basket · leverage vs target · live reads, no wallet
| № | Basket | Leverage act / tgt | NAV / share | State | Oracles | |
|---|---|---|---|---|---|---|
| Reading chain… | ||||||
states are deterministic health() outcomes, never an operator's call · a trailing · marks a stale oracle read · operate any row on the desk ↗
The comb grows row by row.
v0.3 · devnet MVP · appended, never rewritten
Phase 01 — Testnet MVP
One non-upgradeable Anchor program on Solana Devnet: eight demo baskets, twelve mock feeds on a 300 s heartbeat, permissionless rebalances with bounties, backstop pool seeded.
Phase 02 — Deeper cells
Short weights, liquidation incentives, fuzz and simulation reports published with the manual, Chainlink stock and ETF feeds mapped to the registry.
Phase 03 — Mainnet evaluation
Compliance assessment, audited contracts, position limits ramp — and the $AVY utility evaluated against the checklist before anything ships.
Straight answers.
the rest live in the Manual